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US auto sector in slump but Tesla post fifth straight qtr of higher net profits

US auto sector in slump but Tesla post fifth straight qtr of higher net profits

The US auto industry is going through a slump but Tesla posted a stronger-than-expected net earnings for Q3. The company reported $331mn, or 27 cents per share, for its fifth-straight profitable qtr. Excluding one time adj. of stock-compensation, Tesla made 76 cents per share, surpassing estimates of 57 cents. Revenue for Q3 was $8.77bn significantly higher than analysts expectations of $6.3bn.

Milan
Milan
TheMadDane
TheMadDane 0 months

Are Tesla sales up?

Manuel
Manuel 0 months

"Laughs in Bolivian"

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